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Eric Hotaling
erichotaling@kw.com$ 1,600,000
Est. payment | /mo
7,777 SqFt
$ 1,600,000
Est. payment | /mo
7,777 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,777 sqft
Price per Sqft $205
MLS Listing ID 4045462
Year Built 1915
Annual Tax Amount $10,030
Tax Year 2025
Lot Size 3,484 Sqft
Property Sub-Type Mixed Use
Property Description
Attention savvy investors and owner-occupiers: welcome to 17 Maolis Avenue, a premier cash-flowing asset nestled on a prime corner lot right by the scenic Watsessing Park. This building offers an incredibly stable and diversified rental income stream with a total tenancy of 4 units, consisting of 3 residential apartments plus the anchor 1st-floor restaurant, deli, or bar space. The commercial storefront is currently vacant and primed to maximize your returns, featuring brand-new exhaust hoods and essential kitchen miscellaneous setups ready for immediate build-out. For added income, the property also includes a rented-out detached garage. Tenants will love the park-adjacent lifestyle, excellent neighborhood visibility, and quick access to local transit. With separate utilities and multiple revenue streams in a highly desirable Bloomfield market, this turnkey asset is a portfolio crown jewel. Inquire today before it's gone!
Location
State NJ
County Essex
Zoning Commercial
Rooms
Basement Partial
Interior
Heating See Remarks
Cooling See Remarks
Equipment See Remarks
Heat Source See Remarks
Exterior
Exterior Feature See Remarks, Vinyl Siding
Utilities Available All Underground
Roof Type See Remarks
Building
Story 2
Sewer See Remarks
Water See Remarks
Others
Ownership Fee Simple
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Listed by REALTY 33, LLC